News

Standout nominees for the 2025 etf.com Awards include cryptocurrency, thematic, and active ETFs

Bitcoin mining firm Bitdeer has announced the acquisition of a power project in Alberta, Canada, for $21.7 million.

Alphabet's quarter was mixed, at best.

Over 2.6 million bitcoin in supply are currently at a loss, one of the highest levels this year.

Life sciences company Azenta (NASDAQ:AZTA) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales fell by 4.4% year on year to $147.5 million. Its non-GAAP profit of $0.05 per share was in line with analysts’ consensus estimates.

Freight carrier Old Dominion (NASDAQ:ODFL) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 7.3% year on year to $1.39 billion. Its GAAP profit of $1.23 per share was 5.9% above analysts’ consensus estimates.

Ransomware payments dropped 35% in 2024, marking the first decline in years as law enforcement crackdowns and improved victim resilience reshaped the landscape.

Household products company Reynolds (NASDAQ:REYN) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 1.4% year on year to $1.02 billion. Its non-GAAP profit of $0.65 per share was 12.5% above analysts’ consensus estimates.

News of the day for Feb. 5, 2025

U.S. stock futures fell on Wednesday after disappointing earnings from Alphabet, while the dollar took a dive against the yen, which rallied sharply after Japanese wage data upped the chances of another rate hike. Investors shrugged off comments from President Donald Trump that the U.S. would like to take over the war-ravaged Gaza Strip and develop it economically. S&P 500 futures fell 0.5% and Nasdaq futures lost 0.9%.